1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BARSIC [14]
2 years ago
6

The understatement of the ending inventory balance causes:

Business
1 answer:
Nina [5.8K]2 years ago
8 0

Answer: The correct answer is "E. Cost of goods sold to be overstated and net income to be understated.".

Explanation: The understatement of the ending inventory balance causes:  

<u>Cost of goods sold to be overstated and net income to be understated.</u>

You might be interested in
Bryan is debating how to allocate the IMC budget for his new ski equipment store. He knows having knowledgeable salespeople in h
Allushta [10]

Answer:

The answer is C. expensive

Explanation:

An integrated marketing communication (IMC) is an approach to brand communication where the different modes work together to create a seamless experience for the customer.

4 0
3 years ago
Patten, in the article "Malawi Versus the World Bank," notes that the goal of the World Bank and IMF is to loan poor countries m
irina [24]

Answer:

True, but it rarely works well.

Explanation:

The most recent and largest failure by the International Monetary Fund (IMF) has just happened in Argentina, where the government received over $50 billion in loans that it is unable to pay. The IMF has never been successful in any country where it has helped to develop a new economic plan. Ironically, some Nobel prize winners (including Joseph Stiglitz) tell countries to do exactly the opposite to what the IMF tells them to do, and that has worked much better.

On the other hand, the World Bank has had some limited success in South American countries like Bolivia and Uruguay, specially with helping to develop new industries or expand existing ones. In Bolivia it helped to develop a new agricultural plan that improved the economy of the Santa Cruz region a lot, and it is one of its major economic successes. In Uruguay it financed new projects related to paper businesses that increased the nations GDP by almost 10%.

This is the reason why the IMF has such a bad rep while the World Bank is still seen as a valid option for financing large investment projects.

3 0
2 years ago
Which of the following describe the role of an entrepreneur in a capitalist economic system? (Select 2)
cestrela7 [59]

Answer:

  • Someone who combines the factors of production into a business
  • -Someone willing to risk loss and failure for profit.

Explanation:

An entrepreneur is a person who starts and sets up their business.

Characteristics of Entrepreneurs

  • Entrepreneurs have Self-Motivation and effective communication skills.
  • They are natural managers with the capability to motivate, encourage and inspire people in their team.
  • They have Money management and handling skills.
  • They are prepared to take a risk for profit.
  • They take big decisions very carefully.
  • They are confident,creative and Open-Minded.

6 0
2 years ago
""The question remains: How many guns are necessary to maintain a high level of security for the U.S., and how much butter can t
jenyasd209 [6]

Answer:

social welfare spending (education, hospitals, housing, schools, etc.).

Explanation:

This quote deals with the problem of the ever increasing cost of national defense versus the welfare of the citizens. The US spends more money on national defense than any other country in the world, around 37% of the total military budget of the world. It also represents 15% of the total federal budget and almost half of all discretionary spending.

That is a lot of money to be distributed among a small number of private firms. Usually Republicans tend to favor a large army, but Democrats never lower their budget either. The largest military contractors are Lockheed Martin, Boeing and Raytheon. They are all located in blue states, actually Maryland currently has a Republican governor but both their senators are democrats as well as most of the representatives. Boeing has its headquarters in Washington State and Raytheon in Massachusetts. These aren't blue states, they are indigo states.

But as the military budget increases and the power of military contractors also increases, who will dare to stop them. Military spending is much higher than welfare spending, even if you throw in Medicaid into the equation ($1.6 trillion vs $1 trillion).

The question really is, are guns more important than the well being of our citizens? I guess it depends who you ask.

3 0
3 years ago
Vital Industries manufactured​ 2,400 units of its product Huge in the month of April. It incurred a total cost of​ $132,000 duri
Lera25 [3.4K]

Answer:

$55 per unit

Explanation:

The computation of the  total cost per unit of the​ product is shown below:

= Total cost incurred ÷ number of units manufactured

= $132,000 ÷ 2,400 units

= $55 per unit

BY dividing the total cost incurred with the number of units manufactured we can get the total cost per unit

All other information i.e shown is not relevant. Hence, ignored it

8 0
2 years ago
Other questions:
  • What could you learn in the successful turkey hunting course?
    6·1 answer
  • A savings account is a risky investment. t or f?
    14·2 answers
  • Fill in the blank label in the above figure. A. Margin B. Cleave C. Bridge D. Gap
    8·2 answers
  • Government agencies are which of the following?
    13·2 answers
  • Another name for the business level of the organization is the __________ level of the organization
    12·2 answers
  • Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $8.4
    6·1 answer
  • Which of the following situations demonstrates informational technology
    9·1 answer
  • JankMag is a fashion magazine that recently hired creative writers and journalists for its new humor section. The team members k
    6·1 answer
  • A flour manufacturer is more likely to use process costing than job-order costing whereas a manufacturer of customized leather j
    15·1 answer
  • A bond is selling for 95% of par and has an annual coupon rate of 6% and will mature in five years. There are semi-annual coupon
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!